Market Overview

AES Appoints Sanjeev Addala Chief Information Digital Officer

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The
AES Corporation
(NYSE:AES) today announced the appointment of
Sanjeev Addala to the newly created position of Chief Information
Digital Officer (CIDO). Addala joins AES from GE Renewable Energy, where
he served as Chief Digital Officer since 2016.

"We are very pleased to welcome Sanjeev to AES' Senior Management Team,"
said Andrés
Gluski
, AES President and Chief Executive Officer. "His role in
leading Caterpillar's successful digitalization and business innovation
efforts, and recent digital thought leadership and experience with GE
Renewable Energy, make him the ideal candidate to accelerate AES'
efforts to become a leader in new technologies, including solar, energy
storage, drones and digitalization."

"I look forward to working closely with Sanjeev to achieve the next
level in AES' transformation to the most efficient operator and manager
in our sector. Among other things, digitalization will improve our
back-office operations, predictive maintenance and commercialization,"
said Bernerd
Da Santos
, AES Executive Vice President and Chief Operating Officer.
"We have done a lot of work to prepare the company for digitalization,
including the strategic investment this year in Simple Energy, the
leading provider of utility-branded online energy efficiency
marketplaces and customer engagement software for US utilities."

"AES is already a recognized leader in applying new technologies and I
am excited to bring my deep knowledge and experience in digital
transformation and innovation to AES," said Sanjeev Addala, AES Senior
Vice President and Chief Information Digital Officer.

Prior to joining GE, Addala was Chief Digital Officer at Caterpillar
from 2013 to 2015 and Chief Information Officer, Americas, Climate
Control Technologies at Ingersoll-Rand from 2008 to 2013. He also
previously held business and technology leadership roles at General
Motors.

About AES

The AES Corporation (NYSE:AES) is a Fortune 500 global power company.
We provide affordable, sustainable energy to 15 countries through our
diverse portfolio of distribution businesses as well as thermal and
renewable generation facilities. Our workforce is committed to
operational excellence and meeting the world's changing power needs. Our
2017 revenues were $11 billion and we own and manage $33 billion in
total assets. To learn more, please visit www.aes.com.
Follow AES on Twitter @TheAESCorp.

AES Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning
of the Securities Act of 1933 and of the Securities Exchange Act of
1934. Such forward-looking statements include, but are not limited to,
those related to future earnings, growth and financial and operating
performance. Forward-looking statements are not intended to be a
guarantee of future results, but instead constitute AES' current
expectations based on reasonable assumptions. Forecasted financial
information is based on certain material assumptions. These assumptions
include, but are not limited to, our accurate projections of future
interest rates, commodity price and foreign currency pricing, continued
normal levels of operating performance and electricity volume at our
distribution companies and operational performance at our generation
businesses consistent with historical levels, as well as achievements of
planned productivity improvements and incremental growth investments at
normalized investment levels and rates of return consistent with prior
experience.

Actual results could differ materially from those projected in our
forward-looking statements due to risks, uncertainties and other
factors. Important factors that could affect actual results are
discussed in AES' filings with the Securities and Exchange Commission
(the "SEC"), including, but not limited to, the risks discussed under
Item 1A "Risk Factors" and Item 7: Management's Discussion & Analysis in
AES' 2017 Annual Report on Form 10-K and in subsequent reports filed
with the SEC. Readers are encouraged to read AES' filings to learn more
about the risk factors associated with AES' business. AES undertakes no
obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.

Any Stockholder who desires a copy of the Company's 2017 Annual Report
on Form 10-K dated on or about February 26, 2018 with the SEC may obtain
a copy (excluding Exhibits) without charge by addressing a request to
the Office of the Corporate Secretary, The AES Corporation, 4300 Wilson
Boulevard, Arlington, Virginia 22203. Exhibits also may be requested,
but a charge equal to the reproduction cost thereof will be made. A copy
of the Form 10-K may be obtained by visiting the Company's website at www.aes.com.

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